News > Will find another opportunity post Zee merger collapse: Sony

Will find another opportunity post Zee merger collapse: Sony

16/02/2024 05:16 PM | Click to read full article

With the proposed merger of its Indian arm with Zee terminated, Sony will seek various options, including finding another opportunity to replace the plan and organic growth opportunities in India, which has great potential in the long term, said Hiroki Totoki, President, COO & CFO of Sony. As per the merger conditions agreed upon between Sony and ZEEL, the Japanese giant was also supposed to invest USD 1.5 billion in the merged entity.

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